Corporation
Electronics
Samsung and SK Set to Post Combined Quarterly Operating Profit of 150 Trillion Won… Record Earnings Amid AI Boom
Following SamsungElectronics, SK hynix has also forecast record-breaking earnings for the second quarter of this year, with the combined quarterly operating profit of the two companies expected to exc…
Electronics
Lee Jae-yong Meets with Altman at OpenAI Headquarters… Discusses Cooperation on Semiconductors and AX
SamsungElectronics Chairman Lee Jae-yong met with Sam Altman, CEO of OpenAI, to explore comprehensive collaboration strategies covering AI semiconductors and enterprise AI transformation (AX). Althoug…
Management
Amorepacific and LG Corp. Shift Focus from China to North America; Second-Quarter Earnings Expectations Soar
AMOREPACIFIC CORPORATION and LG H&H, traditional powerhouses of K-Beauty, are expected to improve their second-quarter profitability as they expand their presence in the North American and European ma…
SMEs
From Starfish to Salmon DNA… Promising Technologies Reshaping the K-Beauty Landscape
Promising beauty companies that have entered the cosmetics industry based on their own technologies and raw materials are reshaping the K-Beauty market. Breaking away from the traditional formula for …
SMEs
Samchully BICYCLE CO., LTD’s Electric Bikes: From a Burden to a Cash Cow
Electric bicycles, which once experienced sluggish growth, have established themselves as a core growth driver for SAMCHULY BICYCLE CO., LTD(024950), a leading domestic bicycle manufacturer. The compa…
Lifestyle
"The Authentic Taste of Korean Kimchi Strikes a Chord"... Pulmuone Corporate's U.S. First-Half Sales Jump 12.3%
Pulmuone Corporate is accelerating its push into the U.S. market by prioritizing its “authentic Korean kimchi” strategy. Thanks to a combination of this strategy and localized marketing efforts—such a…
Electronics
A Simple Tap Did the Trick… LG Corp. InstaView Refrigerators Reach Cumulative Sales of 5.3 Million Units
Image of LGELECTRONICS’ KnockOn refrigerator. (Photo courtesy of LGELECTRONICS)
The “InstaView” (known as “KnockOn” in Korea) refrigerator, first introduced worldwide in 2016, has surpassed 5.3 mi…
SMEs
"In-House Development of Beauty Device Technology"... APR Selected as Lead Agency for Government-Funded Project
APR(278470)is moving full steam ahead with the in-house development of beauty device technology and components. The company plans to reduce its reliance on external components and secure a semiconduct…
Lifestyle
LOTTE Himart Targets the Prepaid Mobile Market… Launches Its Own Mobile Rate Plans
LOTTE Himart(071840)(E-MART Co., Ltd.) announced on the 26th that it will launch its own mobile rate plan, the “Hi-Mart Rate Plan.”
Photo: LOTTE Himart
The Hi-Mart Plan offers affordable rates, …
Lifestyle
The Face Shop Makes Inroads into 1,600 Walmart Stores in the U.S. … Accelerates Expansion in North America
LG H&H’s K-Beauty brand, The Face Shop, is set to begin its full-scale expansion into the North American market by launching at Walmart, the largest retailer in the U.S.LG H&H(051900) The Face Shop an…